Genesis Requests Timetable for Sale, Creditor Claims

As many as 48 countries committed to a tax-transparency standard starting in 2027 that will provide for the automatic exchange of information between jurisdictions to combat tax evasion on crypto exchanges, according to a joint statement and individual announcements by the U.K., Singapore, and Luxembourg.The agreement adds the Organisation for Economic Co-operation and Development's (OECD)

A bitcoin (BTC) whale moved 2,000 BTC, worth $178 million, to Coinbase after holding their stash since 2010, Mempool data shows. The user first received BTC in 2010, when the asset was worth just $0.06 per coin and had a market cap of around $250,000. Trading volume at the time rarely topped $60,000 per day.

news Tether has released a letter of intent saying that it plans to file a motion to dismiss the lawsuit that claims it manipulated the crypto market. The class action lawsuit seeks retribution for damages of more than $1 trillion. It’s based on an allegation made by the New York Attorney General’s office in April…

Feb 27, 2020 at 14:51 UTCUpdated Feb 27, 2020 at 15:18 UTCMartial artist and actor Steven Seagal has been charged for his role in promoting a 2018 initial coin offering (ICO).The U.S. Securities and Exchange Commission (SEC) said in a statement on Thursday that Seagal did not disclose payments received in return for promoting the…

Binance, the largest crypto exchange by trading volume, plans to introduce its full service in Japan in August, CEO Changpeng "CZ" Zhao said Tuesday.The exchange is returning to the country two years after receiving a warning from the Financial Services Agency (FSA) that it was operating without permission. Naming the month is the most specific…

May 26, 2020 at 16:08 UTCCAPITULATION? U.S. lawmakers grilled Libra board member David Marcus last year. The consortium has overhauled its plans. (Credit: House Financial Services Committee)To See Libra’s Potential, Look at the Philippines, Not the USLeah Callon-Butler, a CoinDesk columnist, is the director of Emfarsis, a consulting firm focused on the role of technology…

Bitmain-backed mining pool BTC.com is expanding its offerings to include ethereum and ethereum classic, the company announced Thursday. BTC.com, which claims to have mined 21 percent of all bitcoin blocks last year, will offer the new mining client through its pool.btc.com portal, and will also offer an ethereum block explorer and API, according to a…

You can not run the experiment again. Once a system like Ethereum starts, it can only progress, stacking blocks one atop the other. Edging forward, the system creates its own understanding of time measured in block height. Hopefully it gains users, who can fill the chain with history – after which they can “read” the…

Web3 fantasy sports company Sorare is introducing an alternate entry method for players based in France to abide by the country’s proposed regulatory framework surrounding non-fungible tokens (NFTs).Sorare is working with the French National Gaming Authority (ANJ) to help legally onboard players based in France. Sorare said in a blog post that the solution is…